Hey Ale,

Thanks for stopping by. It's good to see some more technical traders starting to share their ideas on LeoFinance :)

I've run your comment through Google translate and replied to the following quoted text. I hope nothing is lost in translation haha.

"Excellent analysis, the supports and resistances are a great guide for defining market entries. The most complicated thing is that these are not exact lines, but work zones, and the most complicated thing is to define the area of ​​this zone. How do you define the breadth of your support and resistance zones?** Regards.*"

While there is no right or wrong way to do it, I simply place a line from the wick where price previously turned. I then draw a box down to the candle bodies, to turn it into a zone.

Using the USD/JPY daily chart from the setup in this post as an example, you can see I just placed a line on the spike marked with the green arrow. It was the first and most obvious rejection, so I used that. Then I drew the grey box to encompass as much of the obvious wicks on other touches, turning it into a zone:

USD/JPY Daily:

Honestly though, there's no right or wrong. This is all just personal preference for me.

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